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Equity raising critical for PNB Housing Finance amid rising delinquencies:
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], August 20 (ANI): India Ratings and Research (Ind-Ra) has said equity infusion as planned is critical for PNB Housing Finance (PNBHF) to provide adequate buffers for growth and mitigate any possible asset-side stress.
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PNB to abide by Securities Appellate Tribunal's judgement on PNBHF
Updated : 4 years, 10 months ago IST
New Delhi [India], August 3 (ANI): Punjab National Bank (PNB) is waiting for the Securities Appellate Tribunal (SAT) order on PNB Housing Finance (PNBHF) stake sale and will abide by the judgement whatever it comes, said the bank Chief SS Mallikarjuna Rao on Tuesday.
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